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Quantifying rooftop solar photovoltaic potential for regional renewable energy policy

Dates

Year
2010

Citation

Wiginton, L.K., Nguyen, H.T., and Pearce, J.M., 2010, Quantifying rooftop solar photovoltaic potential for regional renewable energy policy: Computers, Environment and Urban Systems, v. 34, iss. 4, p. 345-357.

Summary

Some theoretical results concerning the nature of the relationship between the scientific quality and economic value of imperfect weather forecasts are obtained. A prototype multistage decision-making model is considered, involving only two possible actions and two possible states of weather. This particular form of model is motivated by a real-world application known as the fruit-frost problem. For an infinite-horizon, discounted version of this model it is shown that economic value remains zero below a forecast quality threshold and then rises monotonically but nonlinearly above this threshold. In particular, the relative sensitivity of economic value to changes in the quality of forecasts increases as perfect information is approached. [...]

Contacts

Communities

  • Western Energy Citation Clearinghouse

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Additional Information

Identifiers

Type Scheme Key
DOI WECC []
ISSN WECC 01989715

Citation Extension

journalComputers, Environment and Urban Systems
parts
typePages
value345-357
typeVolume
value34
typeIssue
value4
citationTypeJournal Article

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